Investment bank - Back office

Got an interview for the back office for a large investment bank - Summer Analyst Will be assigned in either Operations or Trading Risk Services

Operations: Responsible for end to end transactional services by ensuring the appropriate controls are in place to manage risk.

Trading Risk Services: Accountable for generating and monitoring an independent view of the Profit and Loss, Market Risk, Liquidity Management, Collateral and Valuation activities of the global trading activities

How should I prep for this with technical knowledge? What kinds of topics should I be focusing on?

6 Comments
 

Should be mainly fit, you want to make sure you don't approach the interview as "I'm trying to get this job to someday move to FO".

XX
 

it would help if you told us what position you were interviewing for- ops? controller? treasury? fp&a? etc...

no one would come on this board and say, i have an interview for a FO position- how should i prepare?

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 
Best Response

You should know at least a little bit about the FO function you will be supporting. If it is Ops you should know the basics of the product - what it is, how it trades and settles, who the major buyers/sellers are, etc. Same with controller except you should understand the cashflow and marking of the product too. You don't need to know a ton, but simple mastery of some of this will help you nail a BO interview because most people interviewing for these positions don't know much. Also be prepared to demonstrate fit and general interest in the industry, questions like "what was the last finance-related book you read?" etc.

 

Labore ut minus quidem culpa consequuntur iusto et sunt. Unde facere soluta cupiditate eligendi sed necessitatibus minus.

Rerum ea ullam qui occaecati et non officia dolor. Laudantium soluta iusto numquam esse vel et. Qui quam aut vero vitae. Sed iusto quas architecto rerum ipsum iure in. Rerum repellendus quo maxime.

Aliquam nisi dolorem est est natus ducimus sint porro. Amet rem itaque praesentium dolorem. Aut libero soluta est voluptatum qui. Vitae aut repudiandae ut placeat quo cupiditate dolore. Voluptas dolorem eum occaecati aut occaecati. Aut suscipit enim necessitatibus qui.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”